AllianceBernstein Global High Income Fund Announces Earnings for the First Quarter Ended June 30, 2016
August 26, 2016 at 04:06 pm
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AllianceBernstein Global High Income Fund announced earnings for the first quarter ended June 30, 2016. Total net investment income was $18,678,851 or $0.22 per share against $19,514,504 or $0.23 per share a year ago. Total net realized/unrealized gain was $41,818,601 or $0.48 per share against total net realized/unrealized loss of $20,117,355 or $0.23 per share a year ago. On June 30, 2016 the net asset value per share was $13.10 based on 86,229,677 shares of common stock outstanding.
AllianceBernstein Global High Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund seeks high current income and secondarily capital appreciation. The Fund invests primarily (and without limit) in corporate debt securities from United States (US) and non-US issuers, as well as government bonds from both developing and developed countries. It also invests in debt securities denominated in United States dollars or non-US currencies. The Fundâs portfolio consists of non-investment grade, collateralized mortgage obligations, governments treasuries, commercial mortgage-backed securities, bank loans, whole loan trusts, common stocks, and governments sovereign agencies. The Fund invests in various sectors, which include energy, services, technology, transportation-airlines, transportation-services, banking, brokerage, insurance, real estate investment trusts, utility, natural gas, and others. AllianceBernstein L.P. is the adviser of the Fund.
ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND 
